For the borrowers in UK, mortgage payments represent the biggest section of their disposable income.

With rising UK house prices, to get on the property ladder, often involves borrowing as much as the banks are willing. However with the recent rise in base rates homeowners are starting to feel the pinch of mortgage payments more than ever.

If you are a homeowner struggling to meet your monthly mortgage payments. If you fear you could be subject to your house being repossesed, there are various things that you can consider. Read the rest of this entry »


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